Business news from Ukraine

ENTERPRISES AND ORGANIZATIONS OF UKRAINE RAISE PRETAX PROFIT BY 26% IN 2019

The enterprises and organizations of Ukraine in 2019 increased pretax profit from ordinary activities by 26%, to UAH 422.2 billion, the State Statistics Service has said.
According to the service, last year Ukrainian enterprises that worked profitably received UAH 596.3 billion in profit, which is 10.3% more than in 2018.
At the same time, 21.7% of enterprises worked with a negative financial result. Their losses in 2019 decreased by 15.3% compared to 2018, to UAH 174.1 billion.

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